KLCI Stock - PETGAS / 6033 - 2012 Quarter 4

PETRONAS GAS BERHAD


Company Description

PETRONAS GAS BERHAD is engaged in separating natural gas into its components and storing, transporting and distributing such components thereof for a fee and the sale of industrial utilities. In addition to gas processing and transmission, its activities includes supply of industrial utilities, such as steam, electricity, nitrogen, compressed air, demineralised water and waste water treatment to the petrochemical complexes in the Kertih and Gebeng industrial zones. It operates six gas-processing plants, which process natural gas from the offshore fields of Terengganu. The plants have a gas production capacity of 2,060 million standard cubic feet per day (mmscfd) in addition to gas derivative products, such as Ethane, Propane, Butane, Condensates and Carbon Dioxide. In addition, it has standby units in Kertih and Paka with a total capacity of 750 mmscfd.

Company Info

Listing Date	1995-09-04
Market Capital (Capital Size)	36,685,689,704 (Very Large)
Par Value	RM 1.00
Board	Main
Sector	Industrial Products
Major Industry	Gas Processing & Transporting
Sub Industry	Sales Gas

My Analysis

Forecast P/E now	(18.54-0.5)/0.6333 = 28.49 (High)
Target Price	16.47+0.5 = 16.97 (PE 26.0, EPS 0.6333, DPS 0.5)
First Support Price	18.0
Second Support Price	17.0
Risk Rating	MODERATE

Research House

Affin Target Price	16.6 (2012-11-26)
RHB Target Price	18.47 (2012-11-26)
TA Target Price	16.75 (2012-11-26)
Alliance Target Price	16.12 (2013-02-22)
AMMB Target Price	21.6 (2013-02-22)
CIMB Target Price	20.6 (2013-02-22)
HwangDBS Target Price	20.7 (2013-02-22)
Kenanga Target Price	19.86 (2013-02-22)
Maybank Target Price	20.2 (2013-02-22)
MIDF Target Price	17.72 (2013-02-22)
OSK Target Price	18.53 (2013-02-22)

Accounting Ratio

Return on Equity	16.50%
Dividend Yield	2.70%
Gross Profit Margin	48.64%
Operating Profit Margin	44.03%
Net Profit Margin	44.22%
Tax Rate	28.57%
Asset Turnover	0.2657
Net Asset Value Per Share	4.63
Net Tangible Asset per share	4.63
Price/Net Tangible Asset Per Share	3.94
Cash Per Share	1.2
Liquidity Current Ratio	1.8765
Liquidity Quick Ratio	1.8081
Liquidity Cash Ratio	1.5711
Gearing Debt to Equity Ratio	0.4559
Gearing Debt to Asset Ratio	0.3105
Working capital per thousand Ringgit sale	36.9%
Days to sell the inventory	21
Days to collect the receivables	36
Days to pay the payables	186

Technical Analysis

SMA 10	18.6 (Same)
SMA 20	18.488 (Uptrend 4 days)
SMA 50	18.588 (Downtrend)
SMA 100	18.798 (Downtrend)
SMA 200	18.673 (Uptrend)
MACD (26d/12d)	0.008904 ( 0.000438 )
Signal (9)	-0.00199 ( 0.002724 )
MACD Histogram	0.010894 (Bullish trend 18 days)
Bolinger Upper Band	18.869
Bolinger Lower Band	18.107

My notes based on 2012 quarter 4 report (number in '000):-
- Lower revenue and pbt than for the quarter ended 31 December 2011 mainly due to lower export volume from Gas Processing segment and higher unrealised foreign exchange loss and other expenses

- Higher revenue than FY12Q3 mainly driven by higher revenue contribution from utilities sales and gas processing revenue as a result of higher performance based structure income in line with higher export volume and prices for propane and butane

- Estimate next 4Q eps after 2012 Q4 result announced = 9282746*0.135/1978732 = 0.6333, estimate PE on current price 18.54 = 28.49(DPS 0.5)
- Estimate next 4Q eps after 2012 Q3 result announced = 1460166*0.95/1978732 = 0.701, estimate highest/lowest PE = 28.53/23.65 (DPS 0.5)
- Estimate next 4Q eps after 2012 Q2 result announced = 0.7863, estimate highest/lowest PE = 25.13/22.64 (DPS 0.5)
- Estimate next 4Q eps after 2012 Q1 result announced = 1414470*1.1/1978732 = 0.7863, estimate highest/lowest PE = 24.75/20.76 (DPS 0.5)
- Estimate next 4Q eps after 2011 Q7 result announced = 8643921*0.165/1978732 = 0.7208, estimate highest/lowest PE = 23.34/21.5 (DPS 0.5)
- Estimate next 4Q eps after 2011 Q6 result announced = (0.1954+0.177)*2 = 0.7448, estimate highest/lowest PE = 22.82/16.68 (DPS 0.5)
- Estimate next 4Q eps after 2011 Q5 result announced = 0.1954*4 = 0.7816, estimate highest/lowest PE = 18.14/15.1 (DPS 0.5)
- Estimate next 4Q eps after 2011 Q4 result announced = 0.1348*4 = 0.5392, estimate highest/lowest PE = 25.04/19.84 (DPS 0.5)
- Estimate next 4Q eps after 2011 Q2 result announced = 0.6266, estimate highest/lowest PE = 17.65/16.41 (DPS 0.5)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.5331*0.95 = 0.5064, estimate highest/lowest PE = 25.63/19.31 (DPS 0.5)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.4612(3% dropped from 0.4755), estimate highest/lowest PE = 21.47/19.8 (DPS 0.5)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.5(0.37+0.13), estimate highest/lowest PE = 19.2/18.12 (DPS 0.5)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.47, estimate highest/lowest PE = 20.21/19.26 (DPS 0.5)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.47, estimate highest/lowest PE = 20.21/19.47 (DPS 0.5)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.47, estimate highest/lowest PE = 21.06/19.15 (DPS 0.5)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.47, estimate highest/lowest PE = 20.21/18.94 (DPS 0.05)

PETGAS latest news (English)

PETGAS latest news (Chinese)



Financial Quarter Summary Open in New Window

a_date	year	qrt	h_price	l_price	div	roe	c_roe	rev	c_rev	pbt	c_pbt	prof	c_prof	eps	c_eps	asset	c_asset	liab	c_liab	mino	equi	cfo	cfi	cff	cash	fcf	net	final	share	c_share	m_cap	date	gros_m	oper_m	prof_m	vat	asset_t	pe	navps	ntaps	p/ntaps	cps	l_cur	l_qui	l_cash	g_de	g_da	avg_w	inv_d	rec_d	pay_d
2013-02-21	2012	4	N/A	N/A	0.35	3.47%	16.50%	909007	3576771	401942	1844489	295218	1405145	0.1492	0.7101	13462204	2825322	4179458	1505612	115815	9282746	2060637	2295117	70716	2368834	234480	163764	2205070	1978732	1978732	36052497	2012-12-31	48.64%	44.03%	44.22%	28.57%	0.2657	25.6575	4.63	4.63	3.94	1.2	1.8765	1.8081	1.5711	0.4559	0.3105	36.9%	21	36	186
2012-11-23	2012	3	20.5	17.08	-	3.73%	13.04%	865599	2667765	417854	1442604	317662	1109983	0.1605	0.5610	11732619	2868200	2729995	847211	126728	9002624	1526021	1699712	70378	2368834	173691	103313	2265521	1978732	1978732	37398034	2012-09-30	47.30%	48.46%	48.27%	23.92%	0.3059	-	4.49	4.49	4.21	1.24	3.3855	3.2634	2.8872	0.3076	0.2327	56.3%	21	32	50
2012-08-15	2012	2	20.26	18.3	0.15	5.39%	9.30%	887363	1802165	577822	1024751	458866	792322	0.2319	0.4004	11025302	2598467	2043758	551958	126500	8981544	1083445	1223953	326056	2368835	140508	466564	1902271	1978732	1978732	39416341	2012-06-30	52.96%	64.89%	65.12%	20.65%	0.3311	-	4.48	4.48	4.45	1.08	4.7077	4.5228	3.8549	0.2308	0.1854	56.1%	21	37	47
2012-05-09	2012	1	19.96	16.82	-	3.92%	3.92%	914802	914802	446929	446929	333456	333456	0.1685	0.1685	11008741	3095754	1991005	485454	126875	9017736	564987	514521	12628	2368834	50466	63094	2431928	1978732	1978732	33598869	2012-03-31	49.02%	48.70%	48.86%	25.35%	0.3343	-	4.49	4.49	3.78	1.35	6.377	6.1745	5.4948	0.2239	0.1809	70.9%	20	33	68
2012-02-22	2011	7	17.32	16.0	0.25	4.29%	13.48%	921247	2765124	464604	1432991	344095	1081014	0.1739	0.5463	10746469	3103216	2102548	594121	86516	8643921	1502741	942820	947166	2756079	559921	387245	2368834	1978732	1978732	32649078	2011-12-31	48.42%	50.17%	50.43%	25.96%	0.3402	-	4.32	4.32	3.82	1.32	5.2232	5.0508	4.4004	0.2457	0.1957	68.6%	20	39	86
2011-11-24	2011	6	17.5	12.92	0.15	4.37%	9.19%	927324	1843877	457787	968386	350183	736919	0.1770	0.3724	10481476	3229126	1891725	362279	79632	8589751	999605	636646	667128	2756079	362959	304169	2451910	1978732	1978732	26237986	2011-09-30	51.32%	49.52%	49.37%	23.53%	0.3461	-	4.3	4.3	3.08	1.37	8.9134	8.6275	7.4724	0.2223	0.1805	79.0%	21	42	40
2011-08-17	2011	5	14.68	12.3	-	4.82%	4.82%	916553	916553	510601	510601	386737	386737	0.1954	0.1954	10818710	3637755	1916815	390037	49402	8901895	552004	390467	28640	2756079	161537	190177	2946256	1978732	1978732	26792031	2011-06-30	54.11%	54.47%	55.71%	24.26%	0.3299	-	4.47	4.47	3.03	1.63	9.3267	9.0713	8.2724	0.2165	0.1772	91.0%	20	32	55
2011-05-11	2011	4	14.0	11.2	0.35	3.33%	17.95%	891190	3524952	350759	1900255	266658	1439251	0.1348	0.7274	10509859	3501557	1994688	452171	49415	8515171	2232735	689748	968410	2181502	1542987	574577	2756079	1978732	1978732	22201373	2011-03-31	37.24%	37.80%	39.36%	24.00%	0.3354	15.4256	4.28	4.28	2.62	1.53	7.7439	7.5218	6.7036	0.2356	0.1898	86.5%	21	38	71
2011-02-22	2011	3	11.94	11.1	-	5.00%	14.63%	892687	2633762	530810	1549496	400737	1172593	0.2025	0.5926	10134362	3247949	1934240	368809	1024	8200122	1774899	453726	980151	2181502	1321173	341022	2522524	1978732	1978732	22201373	2010-12-31	55.66%	58.40%	59.46%	24.51%	0.339	-	4.14	4.14	2.71	1.4	8.8066	8.4513	7.5186	0.2359	0.1909	83.8%	28	37	32
2010-11-30	2011	2	11.56	10.78	0.15	4.85%	9.63%	868430	1741075	505473	1018686	389069	771856	0.1966	0.3901	9921404	3045626	1825192	263152	1042	8096212	1113486	297272	699777	2181502	816214	116437	2297939	1978732	1978732	22043074	2010-09-30	52.80%	57.16%	58.21%	23.04%	0.3381	-	4.09	4.09	2.72	1.28	11.5736	11.0132	9.6262	0.2255	0.184	83.0%	30	40	23
2010-08-27	2011	1	13.48	10.28	-	4.77%	4.77%	872645	872645	513213	513213	382787	382787	0.1935	0.1935	10226131	3254003	1826391	237418	1083	8399740	576681	133600	1800	2181502	443081	444881	2626383	1978732	1978732	20578812	2010-06-30	57.28%	57.75%	58.81%	25.42%	0.3236	-	4.24	4.24	2.45	1.4	13.7058	13.0642	11.6314	0.2175	0.1786	91.2%	28	38	27
2010-05-11	2010	4	10.4	9.63	0.35	2.51%	11.71%	802211	3221843	277498	1243803	201392	940896	0.1018	0.4755	9834724	2747999	1817723	234444	1131	8017001	1537786	325234	976186	1945136	1212552	236366	2181502	1978732	1978732	19549872	2010-03-31	33.67%	33.90%	34.59%	27.17%	0.3276	20.7779	4.05	4.05	2.44	1.15	11.7213	11.1071	9.7326	0.2268	0.1848	78.0%	26	37	36
2010-02-18	2010	3	10.1	9.56	-	3.32%	9.20%	810886	2419632	343273	966287	266474	739504	0.1347	0.3737	9564403	2400719	1749490	173294	435	7814913	1180445	323515	972326	1945136	856930	115396	1829740	1978732	1978732	19351998	2009-12-31	38.40%	41.02%	42.33%	22.54%	0.3508	-	3.95	3.95	2.48	0.98	13.8534	13.0044	11.1965	0.2239	0.1829	66.4%	25	34	20
2009-11-20	2010	2	10.0	9.6	0.15	2.54%	5.88%	823188	1608747	268716	623014	204090	473031	0.1031	0.2391	9591920	2353733	1746098	150223	1008	7845822	749718	248859	675517	1945136	500859	174658	1770478	1978732	1978732	19391573	2009-09-30	33.18%	31.68%	32.64%	24.08%	0.3521	-	3.96	3.96	2.47	0.95	15.6683	14.6508	12.4575	0.2226	0.182	65.2%	25	36	18
2009-08-24	2010	1	10.0	9.65	-	3.35%	3.35%	785559	785559	354298	354298	268940	268940	0.1359	0.1359	10056073	2769390	1749084	158140	-914	8306989	399199	149041	N/A	1945136	250158	250158	2195294	1978732	1978732	19371786	2009-06-30	41.21%	44.10%	45.10%	24.16%	0.3385	-	4.2	4.2	2.33	1.16	17.5123	16.5543	14.5206	0.2105	0.1739	76.7%	25	34	20
2009-05-21	2009	4	10.4	9.5	0.33725	3.30%	11.72%	935871	3415141	346876	1231445	261815	928692	0.1323	0.4693	9867050	2482222	1828749	217793	-662	8038301	1420743	326539	856873	1707805	1094204	237331	1945136	1978732	1978732	18797954	2009-03-31	36.41%	36.04%	37.06%	24.71%	0.3461	20.2413	4.06	4.06	2.34	1.02	11.3972	10.7249	9.2565	0.2275	0.1853	66.3%	24	34	32
2009-02-19	2009	3	10.0	9.4	-	2.07%	8.42%	832871	2479270	222201	884569	164056	666877	0.0829	0.3370	9518891	2103568	1741742	153612	-	7777149	1108336	280813	849250	1707805	827523	21727	1686078	1978732	1978732	19391573	2008-12-31	29.27%	25.65%	26.68%	26.17%	0.3445	-	3.93	3.93	2.49	0.88	13.694	12.6896	11.3064	0.224	0.183	59.5%	27	24	16
2008-11-19	2009	2	10.1	9.35	0.1125	2.62%	6.35%	849700	1646399	273595	662323	207242	502826	0.1047	0.2541	9596671	2099497	1760967	180412	-	7835704	651896	179725	626644	1707805	472171	154473	1553332	1978732	1978732	19391573	2008-09-30	29.72%	31.07%	32.20%	24.25%	0.3351	-	3.96	3.96	2.47	0.79	11.6372	10.7856	8.6653	0.2247	0.1835	59.7%	29	43	19
2008-08-14	2009	1	10.1	9.2	-	3.73%	3.73%	796699	796699	388728	388728	295584	295584	0.1494	0.1494	10107847	2528143	1861031	190238	-	8246816	400579	86882	N/A	1707805	313697	313697	2021502	1978732	1978732	19688383	2008-06-30	48.16%	47.74%	48.79%	23.96%	0.3113	-	4.17	4.17	2.39	1.05	13.2894	12.4964	10.9708	0.2257	0.1841	74.3%	31	34	24
2008-05-21	2008	4	10.3	9.35	0.3125	3.96%	14.41%	799945	3125745	335264	1394133	300564	1092949	0.1519	0.5523	9793303	2119198	1870908	234370	-	7922395	1584533	177236	772876	1073384	1407297	634421	1707805	1978732	1978732	19787320	2008-03-31	40.09%	41.04%	41.91%	10.35%	0.3192	18.1045	4.0	4.0	2.5	0.86	9.0421	8.404	7.2868	0.2362	0.191	60.3%	31	31	30
2008-02-14	2008	3	10.6	9.05	-	3.33%	10.44%	769781	2325800	345464	1058869	252980	792385	0.1278	0.4005	9597879	1857206	1976048	283485	-	7621831	1292138	134505	764565	1073384	1157633	393068	1466452	1978732	1978732	20776686	2007-12-31	43.50%	43.86%	44.88%	26.77%	0.3218	-	3.85	3.85	2.73	0.74	6.5513	6.0331	5.1729	0.2593	0.2059	50.9%	31	29	20
2007-11-14	2008	2	11.3	10.0	0.1095	3.25%	7.11%	780129	1556019	323131	713405	246631	539405	0.1246	0.2726	9501173	1660980	1915651	214060	-	7585522	876416	99669	547894	1073384	776747	228853	1302237	1978732	1978732	21766052	2007-09-30	40.61%	40.28%	41.42%	23.67%	0.3233	-	3.83	3.83	2.87	0.66	7.7594	7.0928	6.0835	0.2525	0.2016	47.1%	30	26	20
2007-08-15	2008	1	11.3	10.6	-	3.86%	3.86%	775890	775890	390274	390274	292774	292774	0.1480	0.1480	9780022	1835557	1900937	193319	-	7879085	374821	41387	N/A	1073384	333434	333434	1406818	1978732	1978732	N/A	2007-06-30	48.12%	49.30%	50.30%	24.98%	0.2343	-	3.98	3.98	N/A	0.71	9.495	8.7987	7.2772	0.2413	0.1944	71.7%	39	47	35
2007-05-23	2007	4	N/A	N/A	0.273	N/A	N/A	763108	2982347	362378	1281179	338278	1246979	0.1710	0.6302	9493122	1450095	1906811	191166	-	7586311	1740778	499920	1047188	879714	1240858	193670	1073384	1978732	1978732	17709651	2007-03-31	44.19%	46.64%	47.49%	6.65%	0.1597	14.202	3.83	3.83	2.34	0.54	7.5855	6.8582	5.6149	0.2513	0.2009	83.0%	59	57	65
2007-02-12	2007	3	N/A	N/A	-	N/A	N/A	752855	2219239	333814	918801	357414	908701	0.1806	0.4592	9500238	1380606	2252205	482756	-	7248033	1334164	465289	722113	879714	868875	146762	1026476	1978732	1978732	17709651	2006-12-31	43.13%	43.42%	44.34%	-	0.0792	-	3.66	3.66	2.45	0.52	2.8598	2.5913	2.1263	0.3107	0.2371	119.3%	111	109	130

Financial Quarter Balance Sheet Open in New Window

year	qrt	Investment in associated companies (A-0)	Investment in jointly controlled entity (A-0)	Property, plant and equipment (A-0)	Cash and cash equivalents (A-1)	Inventories (A-1)	Other investments (A-1)	Trade receivables (A-1)	Deferred income (L-0)	Deferred tax liabilities (L-0)	Loans & borrowings (L-0)	Other liabilities (L-0)	Current tax liabilities (L-1)	Loans & borrowings (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2012	4	127796	7205	10501881	2205070	103044	160422	356786	-	1004045	1639284	30517	122208	463146	920258	115815
2012	3	122340	6472	8735607	2265521	103393	180548	318738	9924	1021000	851860	-	151075	445640	250496	126728
2012	2	128058	6755	8292022	1902271	102068	225481	368647	10160	1030000	451640	-	162111	156000	233847	126500
2012	1	185499	5808	7721680	2431928	98324	235538	329964	10397	1046000	449154	-	146780	-	338674	126875
2011	7	179567	5414	7458272	2368834	102449	245562	386371	10692	1053000	444735	-	146489	-	447632	86516
2011	6	194942	3448	7053960	2451910	103565	255170	418481	11107	1061000	457339	-	160499	-	201780	79632
2011	5	191096	3181	6986678	2946256	99597	280288	311614	11523	1090000	425255	-	119428	-	270609	49402
2011	4	175087	2606	6830609	2756079	100399	275082	369997	11937	1107000	423580	-	112141	-	340030	49415
2011	3	216708	2143	6667562	2522524	131044	250393	343988	12352	1127000	426079	-	220979	-	147830	1024
2011	2	202110	1947	6671721	2297939	147485	235218	364984	12767	1128000	421273	-	147519	-	115633	1042
2011	1	187989	1739	6782400	2626383	152335	135129	340156	13182	1128000	447791	-	95078	-	142340	1083
2010	4	174036	4481	6908208	2181502	144017	100252	322228	13597	1132000	437682	-	32214	-	202230	1131
2010	3	210510	4042	6949132	1829740	147139	110552	313288	14011	1130000	432185	-	57283	-	116011	435
2010	2	195316	3560	7039311	1770479	152848	100923	329483	14786	1128000	453089	-	42828	-	107395	1008
2010	1	182124	3362	7101197	2195294	151488	100991	321617	15561	1142000	433383	-	33825	-	124315	914
2009	4	169341	3162	7212325	1945136	146413	70863	319810	15331	1146000	449625	-	22531	-	195262	662
2009	3	198363	2554	7214406	1686078	154293	50726	212471	16356	1119501	452273	-	64400	-	89212	-
2009	2	184099	2224	7310851	1553332	153654	9995	382516	17383	1150310	412862	-	79425	-	100987	-
2009	1	170581	1934	7407189	2021502	150844	65552	290245	18409	1163757	488627	-	74850	-	115388	-
2008	4	178291	1530	7494284	1707805	149550	-	261843	19438	1163000	454100	-	87395	-	146975	-
2008	3	167004	1383	7572286	1466452	146911	-	243843	20463	1218000	454100	-	190881	-	92604	-
2008	2	155379	1030	7683784	1302237	142698	-	216045	21491	1226000	454100	-	119724	-	94336	-
2008	1	142846	627	7800992	1406818	134610	-	294129	22518	1231000	454100	-	74381	-	118938	-
2007	4	151480	103	7891444	1073384	139039	-	237672	23545	1238000	454100	-	39399	-	151767	-
2007	3	122519	-	7997113	1026476	129642	-	224488	24349	1291000	454100	-	17559	312195	153002	-

Financial Quarter Income Statement Open in New Window

year	qrt	Revenue	Income tax expense	Cost of sales	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Share of profit/ (loss) of associates	Other expenses
2012	4	909007	114847	466840	4493	63895	37233	8123	6189	68583
2012	3	865599	99964	456183	5113	60634	43920	228	3499	6662
2012	2	887363	119331	417384	5862	187778	35198	375	7907	46782
2012	1	914802	113306	466355	4873	91308	35688	167	6326	58591
2011	7	921247	120626	475141	5469	76736	44332	117	7903	16340
2011	6	927324	107696	451465	5541	82882	32311	92	4114	67216
2011	5	916553	123877	420645	5253	53268	36394	13	16584	13512
2011	4	891190	84196	559298	4586	57467	29395	95	18493	23112
2011	3	892687	130091	395799	5306	65409	20230	18	14795	20746
2011	2	868430	116445	409903	5215	73054	22537	41	14328	12684
2011	1	872645	130474	372779	4989	36423	21289	48	14235	11033
2010	4	802211	75410	532092	4605	63707	22332	696	10160	39551
2010	3	810886	77373	499516	5018	50216	20619	574	15676	8352
2010	2	823188	64704	550073	5494	42819	23639	78	13390	31475
2010	1	785559	85610	461803	5118	36839	12509	252	12982	1652
2009	4	935871	85723	595144	5130	41996	13472	662	14677	31922
2009	3	832871	58145	589084	6005	83106	13022	-	14549	100214
2009	2	849700	66353	597174	4246	55783	18827	-	13807	25448
2009	1	796699	93144	413002	4021	47952	15571	-	12380	35709
2008	4	799945	34700	479235	4451	21135	13494	-	11433	69
2008	3	769781	92484	434907	4152	16240	13477	-	11979	-
2008	2	780129	76500	463328	4077	13702	16231	-	12936	-
2008	1	775890	97500	402528	3664	17923	8798	-	11451	-
2007	4	763108	24100	425922	4348	29226	10518	-	10832	-
2007	3	752855	23600	428127	6287	11359	9205	-	13219	-

Financial Quarter Segments Revenue

year	qrt	Utilities	Gas Processing	Gas Transportation	Throughput Services
2012	4	255308	372019	281679	-
2012	3	229317	355094	281189	-
2012	2	228733	380374	278256	-
2012	1	232852	403682	278268	-
2011	7	229043	423423	268781	-
2011	6	228865	429403	269056	-
2011	5	203882	447047	265624	-
2011	4	198274	418031	274885	-
2011	3	206207	405975	280505	-
2011	2	201822	385627	280981	-
2011	1	194672	399778	278195	-
2010	4	176792	-	-	625419
2010	3	201613	-	-	609272
2010	2	202122	-	-	621066
2010	1	166274	-	-	619285
2009	4	264438	-	-	671433
2009	3	155372	-	-	677499
2009	2	178057	-	-	671643
2009	1	159284	-	-	637415
2008	4	155365	-	-	644580
2008	3	146473	-	-	623308
2008	2	151424	-	-	628705
2008	1	158962	-	-	616928
2007	4	149212	-	-	613896
2007	3	148092	-	-	604763

Financial Quarter Segments Profit

year	qrt	Utilities	Gas Processing	Gas Transportation	Throughput Services
2012	4	53560	194833	193774	-
2012	3	31067	171913	206436	-
2012	2	42965	207467	219547	-
2012	1	34386	194475	219586	-
2011	7	42852	222221	181033	-
2011	6	43811	237581	194467	-
2011	5	38146	261047	196715	-
2011	4	20678	209335	101879	-
2011	3	49746	231997	215145	-
2011	2	47520	198084	212923	-
2011	1	50672	231070	218124	-
2010	4	19244	-	-	250875
2010	3	56991	-	-	254378
2010	2	43618	-	-	229498
2010	1	32970	-	-	290786
2009	4	85534	-	-	255193
2009	3	11220	-	-	255007
2009	2	1653	-	-	250874
2009	1	52213	-	-	331484
2008	4	34310	-	-	286400
2008	3	36853	-	-	298021
2008	2	42125	-	-	274676
2008	1	54399	-	-	318963
2007	4	40162	-	-	297024
2007	3	39645	-	-	285083

Short form reference
a_date = announcement date, yr = financial year end, qrt = quarter
h_price = stock highest price during the quarter, l_price = stock lowest price during the quarter
div = dividend recommend or declare in the quarter, roe = return on equity
c_roe = cumulative of return on equity during the financial year
rev = revenue in the current quarter, c_rev = cumulative of revenue during the financial year
pbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial year
eps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial year
asset = total asset, liab = total liability, mino = minority interest, equi = total equity
cfo = net cash flow from operating activities, cfi = net cash flow from investing activities
cff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial year
final = cash and cash equivalents as at current financial period ended
share = diluted/basic weighted average number of ordinary shares
c_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial year
m_cap = market capital at announcement date of quarterly report, date = current financial period ended date
prof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarter
navps = net asset value per share, ntaps = net tangible asset per share, cps = cash per share
l_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratio
g_de = gearing debt to equity ratio, g_da = gearing debt to assets ratio
avg_w = working capital per thousand Ringgit sale
inv_d = days to sell the inventory, rec_d = days to collect the receivables
pay_d = days to pay the payables

CURRENT

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